Oireachtas Joint and Select Committees

Thursday, 17 November 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

9:00 am

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

I am asking Mr. Mulcahy, as a board member, why NAMA would apply one set of criteria, albeit bespoke and recklessly so, to this portfolio and not get external valuers? Why did it take the view that it was only Northern Ireland and that the internal guys would do a good job on that? Why would NAMA bother wasting money getting Lazard or others in for Tower but would not do that-----

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